Premiums were supposed to go up because of concerns that climate change will lead to greater stormy weather.

The buildup of tornadoes this month is unusually rare with respect to the season, intensity and length of storm trails, the company said.

Studies suggest intensively sunny conditions have a correlation to surface temperatures in the Gulf of Mexico.

Warmer air in the late fall and early winter is creating favorable conditions for manufactures to produce tornadoes that could extend the storms season over North America, reinsurer Guy Carpenter & Co LLC said.

Contrary to primary hazards, such as hurricanes, which have the highest loss potential and are therefore closely monitored and modelled, secondary hazards are not in doubt.

The average number of tornadoes in the U.S. is 1.500 a year, up from just 25 in December, according to reinsurance broker Guy Carpenter.


Swiss Re

Swiss Reinsurance Company Ltd, commonly known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is the world’s largest reinsurer, as measured by net premiums written. (wikipedia)

Karen Carpenter

Karen Anne Carpenter was an American singer and drummer who, along with her elder brother Richard, was part of the duo the Carpenters. With a distinctive three-octave contralto vocal range, (wikipedia)


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